Featured Research

from universities, journals, and other organizations

Are both the economic development and spatial impacts of High Speed Rail worth it?

Date:
September 19, 2013
Source:
Taylor & Francis
Summary:
With the High Speed Rail project being debated widely in both the U.K. parliament and the media, it is important to review and understand the economic impacts of HSR. Scientists now make the link between past studies on HSR economic impacts and future predictions, while evaluating both the positive and negative effects of HSR on Planning and Urban form transformations.

With the High Speed Rail project being debated widely in both parliament and the media, it is important to review and understand the economic impacts of HSR. In research published in Transport Reviews, Anastasia Loukaitou-Sideris, Harrison Higgins, Matthew Piven and Wenbin Wei, make the link between past studies on HSR economic impacts and future predictions, while evaluating both the positive and negative effects of HSR on Planning and Urban form transformations.

Their article, 'Tracks to Change or Mixed Signals? A Review of the Anglo-Saxon Literature on the Economic and Spatial Impacts of High-Speed Rail' provides an important contribution in understanding the ways HSR can impact the economic development and spatial transformation of cities. It evaluates the impact of HSR on job growth, real estate development, regional restructuring, tourism, and other economic effects.

Referencing existing debates on the viability of HSR, the authors observe that, "Thus far, most of the debate around the HSR project in the USA has centered on the rail's anticipated ridership, capital and operating costs, and fare structures. Less inquiry has focused on its potential economic development and spatial impacts. But since great expectations are placed on the rail's potential for job generation and urban revitalization, it is important to take stock.

The article's conclusions point to the fact that first-tier cities will benefit from HSR, with potential growth in the city's capital investment and the quality of its urban planning. The benefits to second-tier cities can vary depending on location, land market conditions and many other factors. It is important to observe, however, that cities not served by HSR, or those served by HSR but peripheral to central cities, will gain no clear benefits from HSR. The tiers of cities usually refer to characteristics such as economic development, provincial GDP, and historical and cultural significance. Other factors that are crucial in the positive effects of HSR are the location of the station and the development of detailed transportation plans. It is the combination of all these factors, and many more, that the authors seek to put into perspective in light of the current controversy over HSR.


Story Source:

The above story is based on materials provided by Taylor & Francis. Note: Materials may be edited for content and length.


Journal Reference:

  1. Anastasia Loukaitou-Sideris, Harrison Higgins, Matthew Piven, Wenbin Wei. Tracks to Change or Mixed Signals? A Review of the Anglo-Saxon Literature on the Economic and Spatial Impacts of High-Speed Rail. Transport Reviews, 2013; 1 DOI: 10.1080/01441647.2013.836578

Cite This Page:

Taylor & Francis. "Are both the economic development and spatial impacts of High Speed Rail worth it?." ScienceDaily. ScienceDaily, 19 September 2013. <www.sciencedaily.com/releases/2013/09/130919085637.htm>.
Taylor & Francis. (2013, September 19). Are both the economic development and spatial impacts of High Speed Rail worth it?. ScienceDaily. Retrieved July 22, 2014 from www.sciencedaily.com/releases/2013/09/130919085637.htm
Taylor & Francis. "Are both the economic development and spatial impacts of High Speed Rail worth it?." ScienceDaily. www.sciencedaily.com/releases/2013/09/130919085637.htm (accessed July 22, 2014).

Share This




More Science & Society News

Tuesday, July 22, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

What Self-Made Women Need to Know Financially Before Getting Hitched

What Self-Made Women Need to Know Financially Before Getting Hitched

TheStreet (July 21, 2014) Halle Berry was recently ordered to pay her ex-boyfriend Gabriel Aubry $16,000 a month in child support by a California judge for their daughter Nahla. As women make strides in the workforce, they are increasingly left holding the bag when relationships end regardless of marital status. 'What Monied Women Need to Know Before Getting Married or Cohabitating' discusses information such as debt incurred during the marriage is both spouse's responsibility at divorce, whether after ten years of marriage spouses are entitled to half of everything and why property acquired within the marriage is fair game without a pre-nup. Video provided by TheStreet
Powered by NewsLook.com
$23.6 Billion Awarded To Widow In Smoking Lawsuit

$23.6 Billion Awarded To Widow In Smoking Lawsuit

Newsy (July 20, 2014) Cynthia Robinson claims R.J. Reynolds Tobacco Company hid the health and addiction risks of its products, leading to the death of her husband in 1996. Video provided by Newsy
Powered by NewsLook.com
Clock Ticks Down on Internet Speed Debate

Clock Ticks Down on Internet Speed Debate

Reuters - US Online Video (July 18, 2014) The FCC received more than 800,000 comments on whether and how internet speeds should be regulated, even crashing its system. Lily Jamali reports. Video provided by Reuters
Powered by NewsLook.com
Raw: Wildfire Tears Through Washington

Raw: Wildfire Tears Through Washington

AP (July 18, 2014) A large wildfire continued to gain steam through north-central Washington Friday. The blaze is already responsible for the destruction of at least 100 homes. (July 18) Video provided by AP
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:
from the past week

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins